Republicans Immunize Rating Agencies from Accountability in Financial Choice Act

Vaccine

Republicans Immunize Rating Agencies from Accountability in Financial Choice Act No government regulation will ever apply to any rating agency that the government regulates, according to the Financial Choice Act. Continue ReadingRepublicans Immunize Rating Agencies from Accountability in Financial Choice Act

Coping with Reliance on Credit Ratings

Coping with Reliance on Credit Ratings   This blog article summarizes a recent article published in Banking and Financial Services Policy Report. Reference: Norbert J. Gaillard, “Coping with Reliance on Continue ReadingCoping with Reliance on Credit Ratings

Efficient, commonsense actions to foster accurate credit ratings

Efficient, commonsense actions to foster accurate credit ratings   This blog article summarizes a recent article published in Capital Markets Law Journal. Reference: Norbert J. Gaillard and William J. Harrington, Continue ReadingEfficient, commonsense actions to foster accurate credit ratings

Entire Financial System Needs Commonsense Review of Derivative Contracts: Let’s Start with ABS

Wikirating is publishing two letters and one e-mail in which I map risks to an asset-backed security (ABS) when the issuer is party to a swap contract, a widely used Continue ReadingEntire Financial System Needs Commonsense Review of Derivative Contracts: Let’s Start with ABS